take a look at this tweet
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But let me tell you this. The same (money) velocity that you are factoring tends to diminish the unit transacted.
The higher the velocity it is transacted between people, the lower it costs. What we don’t know (
) is that ethereum will be valued at 1.000.000 USD/ETH first then to plunge and be popular.
Seeing today what the ammount in peolple’s hand of bitcoin or Ethereum or any crypto at this time, this negative force is still far from happenning… but it will someday.
One thing is clear: First, it needs to work lol.
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